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Minaya Corporation Has Two Products, M20 and Y53, That Use

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Essay

Minaya Corporation has two products, M20 and Y53, that use the same constrained resource-a critical raw material.Data concerning those products follow: Minaya Corporation has two products, M20 and Y53, that use the same constrained resource-a critical raw material.Data concerning those products follow:   The total amount of the constrained resource available is 9, 900 grams. Required: a.Which product is most profitable, given the company's constraint? b.How much of each product should be produced? c.What is the total contribution margin if your plan in part (b)above is followed? The total amount of the constrained resource available is 9, 900 grams.
Required:
a.Which product is most profitable, given the company's constraint?
b.How much of each product should be produced?
c.What is the total contribution margin if your plan in part (b)above is followed?


Definitions:

General Sales Agent

An individual or company authorized to sell or distribute a manufacturer's products in a specific area or market.

Express or Implied Authority

Power granted by a principal to an agent, which can be explicitly stated (express) or inferred from actions, circumstances, or job title (implied).

Disclosed Principal

In the realm of agency law, a principal whose identity the third party is aware of when the agent enters into a contract with that third party.

Unauthorized Contract

An agreement made by someone who does not have the legal right or power to do so on behalf of another person or entity.

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